Dolat Algotech Q2 Net Profit Surges 565% to ₹299.83 Million
Key Facts
Dolat Algotech reported a standalone net profit of ₹299.83 million for the second quarter of fiscal year 2027, representing a 565% increase year-on-year. According to a report from scanx.trade, the company's standalone total revenue from operations grew to ₹748.85 million during the period, up from ₹343.25 million in the same quarter of the previous year.
The surge in profitability was primarily driven by standalone net gains on fair value changes, which reached ₹490.04 million compared to ₹35.62 million a year earlier. Dolat Algotech's board also approved the issuance of Non-Convertible Debentures (NCDs) worth up to ₹4 billion, while basic and diluted earnings per share stood at ₹1.70 for the quarter ended September 30, 2026.